£90,547
This estimated value is based upon the latest sale price for the house of £68,000 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 1 Jul 2016 |
| £74,950 | 23 Sep 2004 |
| £40,000 | 19 Jun 2002 |
| £25,000 | 29 Feb 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £68,000 results in an estimated price of approximately £90,547.
| 1 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £68,000 | £22,547 | £90,547 |
The Postcode Pricing Model uses changes in average sales price within the WV4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 31.528 % | £21,439 | £89,439 |
| 3 Month Average | 37.691 % | £25,629 | £93,629 |
| 6 Month Average | 41.225 % | £28,032 | £96,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £166,569 | £165,000 | 22 VERONICA AVENUE |
| 10 Jun 2022 | £162,294 | £160,000 | 6 GREENLY ROAD |
| 14 Apr 2022 | £164,768 | £160,000 | 39 MALINS ROAD |
| 14 Mar 2022 | £238,340 | £230,000 | 3 SHERINGTON DRIVE |
| 17 Dec 2021 | £208,919 | £195,000 | 2 VERONICA AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 4 Apr 2016. Using an estimated price of £90,547 means this house is valued at £1,414 per sq meter (£131 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD EAST is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Larcombe Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Malins Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherington Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Fenmere Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fenmere Close |